1540 West Tioga Street Philadelphia, PA 19140

$420,000
0.03
Acres
2,048
SQFT
205
$/SQFT
$420,000
2,048   sf
$205 / sf
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new 15 hrs ago
1/11
Street View

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, primarily built new in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, primarily built new in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19140
  • Tax Amount
    $945
  • Status
    Active
  • Listing #
    PAPH2432732
  • Built
    1940
  • Lot Size
    0.03
  • Listed on site
    15 hours
  • Listing Agent Id
    121135446329
  • Co Listing Agent Id
    1700001623876

Listed by:
KW Empower

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
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